Hayes Lemmerz mulls sale of commercial highway hub ops

MarkCotton

NEW YORK (CBS.MW) -- Hayes Lemmerz International Inc
hayz
said Thursday it is considering the possible sale of its commercial highway hub and brake drum business. The Northville, Mich. company said any divestiture would include the sale of its operations in Berea, KY., Chattanooga, Tn. and its MinCer operations in Mexico City, Mexico. The sale does not concern Hayes' automotive brake business, which manufactures brake components for the passenger car and light truck market. Shares of Hayes Lemmerz Intl were unchanged at $7.71 at the close of trading Wednesday.

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